In 2024, the production of industrial gases in the Netherlands stood at 1583.4 million kilograms, marking a 3.93% year-on-year increase from 2023. The recent years show variable growth, with significant fluctuations; 2022 saw a notable 14.63% rise, while 2021 experienced a slight 5.9% decline. The Compound Annual Growth Rate (CAGR) over the last five years averaged at 4.93%, indicating moderate growth.

Looking forward, the projected CAGR for the next five years is 2.67%, suggesting a steadier growth rate. By 2028, the production volume is forecasted to reach 1874.1 million kilograms, with an overall 14.09% growth rate from 2023.

Future Trends to Watch

Increasing technological advancements and automation in the production processes.
Rising demand for green and sustainable industrial gases.
Growing influence of environmental regulations on production methods and outputs.
Potential market expansions and new applications for industrial gases in various industries.